Mint Technology Corp. announced that it has signed a Memorandum of Understanding with Arab Link Money Transfer PSC in Abu Dhabi. Arab Link provides a comprehensive range of currency exchange and money transfer services for individuals and businesses.

A formal Remittance Product Agreement (RPA) will be developed and executed over the next 30 days. Mint and Arab Link will then begin to offer Money Transfer services to Mint s payroll cardholder base in UAE for sending money home. Mint payroll cardholders will be able to access money remittance services through Mint ATMs, Mint POS machines, mobile remittance and directly through Arab Link.

Beneficiaries of funds will be able to receive funds as cash over-the-counter, credit to their bank account and door-to-door delivery where available.